PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: VINCI

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

VINCI Acquires EVT A Division of Alpiq and Strengthens its Energy and Communication Infrastructure Business in Germany and Central Europe - VINCI Energies has reached an agreement with Swiss company Alpiq to acquire Energieversorgungstechnik (EVT) - VINCI.com
VINCI Acquires EVT A Division of Alpiq and Strengthens its Energy and Communication Infrastructure Business in Germany and Central Europe

 

NewswireToday - /newswire/ - Rueil-Malmaison, Hauts de Seine, France, 2012/04/27 - VINCI Energies has reached an agreement with Swiss company Alpiq to acquire Energieversorgungstechnik (EVT) - VINCI.com. CAC 40; Euronext 100

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

VINCI Energies has reached an agreement with Swiss company Alpiq to acquire Energieversorgungstechnik (EVT), its division that groups together its energy and telecommunications infrastructure engineering and installation activities in Germany and Central Europe.

EVT is a vertically integrated unit offering a comprehensive range of services including engineering, planning, construction and maintenance for power transmission and distribution operators, telecommunications infrastructure operators and industry. EVT is based in Germany and has been operating in Central Europe for around 15 years through local subsidiaries. With some 3,000 employees, the company generated revenue of €512 million and EBITDA of €37 million in 2011.

With the acquisition of EVT, VINCI Energies strengthens its operations in Germany, its second largest market, where it generated 2011 revenue of €1.2 billion. It is thus positioning itself as one of the key players in Europe’s infrastructure market in anticipation of a restructuring of the energy industry. The deployment of new means of power production on the continent and the growth of new uses for electricity will make it necessary to adapt networks, creating a source of major opportunities for VINCI Energies.

The EVT acquisition is based on an equity value of €195 million and estimated liabilities of €45 million (pension fund and minority interests). The transaction has been submitted for approval by the relevant competition authorities and is expected to be finalised during the third quarter of 2012.

One of VINCI’s five business lines, VINCI Energies has 60,000 employees and generated revenue of €8.7 billion in 2011. It has established itself as a market leader in France and a key player in Europe in energy and information technology services.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: VINCI

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


VINCI Acquires EVT A Division of Alpiq and Strengthens its Energy and Communication Infrastructure Business in Germany and Central Europe

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

VINCI |
Publisher Contact: Maxence Naouri - VINCI.com 
+33(0)1 47 16 31 82 maxence.naouri[.]vinci.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any VINCI securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From VINCI / Company Profile


Read Construction/Architecture/Infra Most Recent Related Newswires:

Preliminary Award of Zuidasdok Project to HOCHTIEF, Fluor and Heijmans
Consultancy Contract for German BIM Road Map Awarded to HOCHTIEF ViCon
Outokumpu Wins A Stainless Steel Rebar Order for A Highway Bridge Project in Kuwait
PCL Construction Awarded Preconstruction Services for Tula Conference Center
HOCHTIEF Receives Building Construction Contracts Worth More Than EUR 100 Million
CIMIC’S CPB Contractors Awarded Logan Enhancement Project
Leonardo Signs to Secure Italy's Serie B Football League's Stadiums
VINCI Announces Inauguration of First Public Private Partnership (PPP) Motorway in the United States
The Galvanizers Association Annual Competition to be Held on Next June At the Royal Aeronautical Society, Hyde Park Corner, London
Eurovia Wins the Contract to Renovate and Widen the I-85 Motorway in Spartanburg and Cherokee Counties, South Carolina (United States)
CIMIC's Thiess Extends Operations in Botswana
PCL Construction Wins Five Top Projects Awards
CIMIC Investment, HLG Awarded A$215M Project in Qatar
CIMIC's CPB Contractors Wins Water Treatment Plant
Business of Design Week 2016 Architects Drafting the Future City

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  1Click Games

Visit  Intrinsic Executive Search Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)